Walmart-owned ecommerce major Flipkart has announced its second ESOP liquidity event over the past year, allowing eligible employees to sell up to 5% of their outstanding options vested over the past three years.

In an internal email to employees, Flipkart Group CEO Kalyan Krishnamurthy said the company’s board approved the liquidity event after reviewing its progress over the past year.

Under the Flipkart Stock Option Plan 2026, all active employees on the company’s rolls as of July 15, 2026 will be eligible to participate. Employees can liquidate up to 5% of their outstanding options vested over the preceding three years, between July 16, 2023 and July 15, 2026.

The company has fixed the liquidity price at ₹713.4 per option, with payouts scheduled for August 2026. 

Inc42 has accessed the email sent by Krishnamurthy.

This comes a year after Flipkart informed employees that it planned to conduct two ESOP liquidity events, with the second one contingent on the company meeting certain performance goals.

Last year, the company announced a $50 Mn (nearly ₹430 Cr) ESOP buyback programme.

Krishnamurthy also reiterated Flipkart’s long-term plans following its move to shift its holding company from Singapore to India, saying the company remains focused on building a global technology and commerce business from India.

(The story will be updated soon)

The post Flipkart Launches Second ESOP Liquidity Event In 12 Months appeared first on Inc42 Media.